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Non-Tech : Wal-Mart
WMT 102.48-0.1%Nov 14 9:30 AM EST

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To: wiz who wrote (134)7/20/1997 3:16:00 PM
From: Jack L. Dlugach   of 1166
 
Mark: Absolutely--long term only with respect to those remarks.
We might see 28 again--can't argue with that--and unless I see the
company's direction is foundering, then I might even buy more. The
stock, though, is getting ahead of itself so what else is new in this
market.

"Safe haven" doesn't mean it won't tank--thought I explained that
before. Investor sentiment calling WMT and the other 24 stocks listed
in the "consistency" report just means that when they tank they'll
probably tank to a lesser degree than the broader market and then when
the market resumes its course they'll probably regain their valuation
more quickly than the broader market.

"Safe haven" is probably not a very good description--maybe a better
description would be "Lesser Dangers."

:)
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